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Childress, Texas Mortgage Rates and Refinance Rates from MortgageRates.RatesORama.com @ Texas Mortgage Rates and Refinance Rates from MortgageRates.RatesORama.com

Childress, TX Mortgage Rates and Refinance Rates

Mortgages in Childress, TX: Find the best Childress, TX mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Childress, TX, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Childress, TX. Another option is searching for Childress, TX refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Childress, TX mortgage rates or refinance rates.

Search and Compare Childress, TX Mortgage Rates & Refinance Rates

Childress, Texas Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Childress, TX are the most popular type of mortgages rates you can find advertised for home buyers in Childress, TX. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Childress, TX mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Childress, TX banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Childress, TX conforming mortgage rates and refi rates lower than Childress, TX jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Childress, TX home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Childress, Texas

Jumbo mortgage rates in Childress, TX are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Childress, TX and adjustable mortgage rates in Childress, TX. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Childress, TX make.

Childress, Texas Fixed Mortgage Rates and Fixed Refinance Rates

Childress, TX fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Childress, Texas Adjustable Mortgage Rates

Adjustable Childress, TX mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Childress, TX are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Childress, TX. Most adjustable mortgages in Childress, TX have yearly caps and life time maximum caps on how high the interest rate can fluctuate.

Google Map for Childress, TX Rates & Resources

Childress FDIC Insured Banks

Bank Name

FDIC Cert Number


First Bank and Trust of Childress

3134 2006 Ave. G. Nw, Childress, TX 79201

First Bank and Trust of Childress

3134 301 North Main Street, Childress, TX 79201

First National Bank

15149 501 Commerce, Childress, TX 79201

The Farmers National Bank of Seymour

5526 501 Avenue F, N.W., Childress, TX 79201

Wellington State Bank

1219 423 North Main, Childress, TX 79201